Agriculture is the major source of raw income for many industries right from processing to textile, and an emerging sector also. There are many ways you can enter into business related to agriculture. Some of them are new emerging and can bring you profit.
You can produce and market various agricultural products as India is diverse in terms of agro-ecological regions. One may opt for high-value horticultural products, crops for industry, medicinal & aromatic plants, flowers, etc. Similarly one can also look for soilless technologies for urban agriculture. Potato seed production with an aeroponic system. Agriculture is just like a free book, it all depends on exactly your core strength and how you want to enter into agriculture.
6 Most Profitable Agricultural Business Ideas
1. Poultry Farming
Poultry farm is considered to be the fastest-growing division of the agriculture sector. The government has been making generous investments in processing, breeding, rearing, and hatching processes to further boost growth.
Benefits Of Poultry Farming
- You can easily acquire a license for this business.
- You are raising agricultural products that have immediate demand.
- Employment opportunities on multiple levels are created.
- Most financial institutions & businessmen will approve lending packages for poultry farmers.
The amount of money required to start a small-scale poultry farm is generally between Rs. 50,000 to Rs. 1.5 lakh.
2. Fertilizer Distribution
The fertilizer industry is getting more and more organized in India. Any individual can initiate a fertilizer distribution business on a small, medium, and large-scale basis.
Steps to Start a Profitable Fertilizer Distribution Business-
- Fertilizer Distribution Business Market
- License & Registration
- Business Plan
- Fertilizer Distribution Business Operation
- Fertilizer Distribution Business Marketing Ideas
3. Dairy Farming
Dairy farming is a mixture of both Dairy and Agriculture. Without Agriculture, there is no Dairy farming and hence it is the backbone. The first thing is you have to know about the breeds, how to select, milking and rearing. The main part is marketing. If you don’t have enough marketing skills you will end up selling the milk to the middlemen at a lesser price and thereby you kill your farm i.e, you can’t sustain it.
The secondary thing is basic agriculture. Once you know how to grow your own fodder for your cows you will almost cut the expenses up to 30 percent. You have to know about the various types of fodder which give a good yield and are also rich in minerals. It’s the most profitable village startup ideas in India for the villagers and the others too. These two are interrelated.
Government trying to provide all the help for dairy farming in India. For more visit TractorJunction Youtube Channel.
4. Agricultural Farm Business
It is done with minimal investment. With proper publicity, you can expand its sales locally and far off cities. It is the most profitable farming In India. Nowadays, the production of black grapes provides high returns to the farmer, which proves it is the most profitable business in India. Apart from this, the export of vegetables is continuously increasing in India. In 3 months, around 23% increase in vegetable exports registered in India.
5. Mushroom Farming
Though mushroom is a type of fungi we will consume that as food. Mushroom cultivation is an old practice but still, it has gained recognition because they have a high nutrient supplement and high medicinal and pharmaceutical value.
Mushrooms are otherwise called vegetable meat and they have a very low level of carbohydrates and fat. Mushrooms contain polysaccharides, vitamins, and minerals. Over the world, there are 2000 different varieties of fungi. The white button mushroom is contributing 40% of the world, a valley is the best suitable region for mushroom production.
Mushroom farming is a low investment business idea with high profits and high incomes.
6. Hydroponic Retail Store Business
Hydroponics is bringing a sea change in the way agricultural business is done. The attractiveness of this farming technique has been growing because it is sustainable. With minimum chemical inputs required in hydroponic culture, the produce is healthier in nature. A growing medium is needed in hydroponics which provides all the nutrients necessary for the plants. Since the nutrients are fed directly to the roots, the plants face little difficulty in growing. And the results one gets are breathtaking. The fruits and vegetables are larger and more delicious. The marketability of the produce is naturally better than the fruits and vegetables harvested from the soil. Many grocery retail stores are selling hydroponically grown fruits and vegetables because of their better quality.
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